Premium Leisure (PHS:PLC) Interest Coverage : N/A (As of Mar. 2024)

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What is Premium Leisure Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Premium Leisure's Operating Income for the three months ended in Mar. 2024 was ₱236 Mil. Premium Leisure's Interest Expense for the three months ended in Mar. 2024 was ₱0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Premium Leisure Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Premium Leisure's Interest Coverage or its related term are showing as below:

PHS:PLC' s Interest Coverage Range Over the Past 10 Years
Min: 3.22 Med: 211.85 Max: No Debt
Current: 90.18

PHS:PLC's Interest Coverage is ranked better than
83.69% of 601 companies
in the Travel & Leisure industry
Industry Median: 5.14 vs PHS:PLC: 90.18

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Premium Leisure Interest Coverage Historical Data

The historical data trend for Premium Leisure's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Premium Leisure Interest Coverage Chart

Premium Leisure Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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224.97

3.22

1,626.24

5,159.19

109.59

Premium Leisure Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															N/A	N/A	N/A	20.12	N/A

Competitive Comparison of Premium Leisure's Interest Coverage

For the Gambling subindustry, Premium Leisure's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Premium Leisure's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Premium Leisure's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Premium Leisure's Interest Coverage falls into.

Premium Leisure Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Premium Leisure's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Premium Leisure's Interest Expense was ₱-18 Mil. Its Operating Income was ₱1,962 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱412 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	1962.049	/	-17.903
	=	109.59

Premium Leisure's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Premium Leisure's Interest Expense was ₱0 Mil. Its Operating Income was ₱236 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱412 Mil.

GuruFocus does not calculate Premium Leisure's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

Premium Leisure (PHS:PLC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Premium Leisure Interest Coverage Related Terms

Thank you for viewing the detailed overview of Premium Leisure's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Premium Leisure (PHS:PLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Premium Leisure Corp (PHS:PLC) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Palm Coast Avenue, Mall of Asia Complex, 5th Floor, Tower A, Two E-Com Center, Metro Manila, Pasay, PHL, 1300

Website

https://www.premiumleisurecorp.com

Premium Leisure Corp is an investment holding company mainly involved in the gambling industry. The company has five business segments, namely investment holding, real estate, public amusement and recreation, gaming business and lottery equipment, leasing, and others. It generates maximum revenue from the gaming business segment.